Afreximbank Revenue Now $1.47bn   The gross income of the pan-African multilateral financial institution, African Export-Import Bank, has risen to $1.47bn in the first half of 2024, compared to $1.12bn at the close of 2023. This was disclosed in a statement following...

Nigeria-Germany Trade Volume Hit $3bn In 2023   The Consulate-General of the Federal Republic of Germany in Lagos, Weert Borner, has said that the trade volume between Nigeria and Germany rose to $3bn in 2023 with Nigeria benefiting more from the...

FG Opens Offer For $500m Domestic Bond, Bars Cash Payment   The Federal Government, through the Debt Management Office, has opened offers for its dollar-denominated domestic bond of $500m. It was issued at an interest rate of 9.75 per cent per annum...

'Banks’ Assets Rise To N121.8trn' The total assets of the banking sub-sector of Nigeria’s Financial & Professional Services Sector, has risen by 56.14 per cent to N121.8tn. This was disclosed in the State of Enterprise 2024 Report released by the EnterpriseNGR...

In Six Days, Equity Market Loses N1.6trn The Nigerian Stock Exchange extended its bearish trend to the sixth consecutive trading session, losing N1.6tn during this period. The All Share Index fell by 1.36 per cent, closing at 95,781.68 points, down from...

Report Reveals Nigeria Owes NNPC $4.9bn Fuel Debt The Federal Government owes the Nigerian National Petroleum Company Limited, almost half of what it plans to collect in revenues this year for the petrol subsidy it reintroduced in August last year,...